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$DISCA invests $100MM in Group Nine Media. The deal will enable advertisers to reach their desired audience via multiple platforms including linear, digital, social and live events. Group Nine Media will expand $DISCA’s push into digital network space targeting millennials. $DISCA will have an option to buy a controlling stake in Group Nine Media.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.